The Federal Reserve has just rescinded its 2022 and 2023 rules that previously required banks to notify or get prior approval before engaging in crypto or stablecoin (dollar token) activities.
Here’s what it means:
✅ Banks no longer need Fed approval to enter crypto
✅ Regulatory pressure is easing
✅ Institutional crypto adoption could surge
This move shows that the Fed is adapting to the fast-changing financial landscape and is becoming more innovation-friendly — a huge shift from previous caution.
We could be entering a new era where crypto becomes core to traditional finance.
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